The travel industry is booming, and Memorial Day weekend was proof that Americans are ready to pack their bags and fly away! Travel stocks are ready to rally, and companies have rebounded after the slow pandemic period. Now is the time to consider buying travel stocks. Travel agency AAA forecasted 43.8 million people traveling at least 50 miles for the Memorial Day weekend, up from 38 million in 2019.This highlights the rebound in travel this year, and I believe it will continue throughout 2024. Earlier, a  ...

Airbnb, Inc. (NASDAQ:ABNB) Bernstein's 40th Annual Strategic Decisions Conference Call May 30, 2024 2:30 PM ET Company Participants Ellie Mertz - Chief Financial Officer Conference Call Participants Richard Clarke - Bernstein Richard Clarke Great. Well, good afternoon, everybody, and thanks for joining us here for the 2:30 session. For those who don't know me, I'm Richard Clarke, I'm the analyst that covers the global hotel and leisure sector. I'm absolutely delighted to be joined by Airbnb's CFO, Ellie Mer ...

Airbnb, Inc. (NASDAQ:ABNB) Bernstein's 40th Annual Strategic Decisions Conference Call May 30, 2024 2:30 PM ET Company Participants Ellie Mertz - Chief Financial Officer Conference Call Participants Richard Clarke - Bernstein Richard Clarke Great. Well, good afternoon, everybody, and thanks for joining us here for the 2:30 session. For those who don't know me, I'm Richard Clarke, I'm the analyst that covers the global hotel and leisure sector. I'm absolutely delighted to be joined by Airbnb's CFO, Ellie Mer ...

Wedbush today upgraded Airbnb Inc (NASDAQ:ABNB) to "outperform" from "neutral" and hiked its price target to $165 from $160. The Wall Street brokerage pointed towards an attractive entry point, with the shares set to benefit from strong travel demand. At last glance, ABNB was up 1.2% at $146.17. Most covering analysts are still hesitant towards Airbnb stock. Specifically, 33 of 44 firms rate the security a tepid "hold" or worse, implying plenty of room for additional upgrades.  Last Thursday, ABNB closed be ...

Despite the stock market being at an all-time high, plenty of bargains remain to be found for investors. The bull rally that began in autumn 2022 is only now starting to broaden out to include utilities, retailers, industrial stocks and other sectors of the economy. It’s no longer just big tech stocks that are marching higher. So, many stocks are starting to rise.So, this presents an opportunity for investors to buy stocks as they bottom and begin to climb higher. Many well-known companies have stocks that ...

Martin Puddy After Airbnb (NASDAQ:ABNB) released its first quarter earnings, the shares dropped 7% despite beating both top and bottom line estimates. In fact, revenue surpassed estimates by over $80 million and earnings beat estimates by over 75%. This came from the fact that Airbnb warned investors to only expect moderate growth for Q2. While many were hoping Airbnb would continue to experience spectacular growth, Airbnb tells investors to hold off on their expectations. Yet, I firmly believe Airbnb i ...

Travel is back in business. Since the latter years of the Covid-19 pandemic, travel stocks to buy have sharply rebounded, boosting earnings and share price of many companies within the sector. The Amplify Travel Tech ETF (NYSEARCA:AWAY) buys shares of travel agencies and travel technology businesses. The ETF has risen around 20.65% over the past twelve months, as travel public companies continue to benefit from travel demand.While travel stocks to buy enjoy some love from the market, below are three stocks ...

With the summer travel season upon us, some investors may wonder if now’s a good time to check in with the many travel and leisure plays, some of which may be overdue to heat up. Indeed, the summer travel season could provide a much-needed boost, but any increase in travel demand will not magically cause various consumer-facing headwinds to disappear. Inflation, while slowing, is still a tad too high. And the impact of last year’s inflation could hurt for a long time.In any case, look for the following thre ...

These growth stocks are raking in profits and free cash flow.While some investors harbor hope of finding one or two stocks that blow up overnight and inject serious growth into their portfolio, and that can certainly happen, long-term investing often requires more patience and strategy. Investing in companies that you plan on holding for a minimum of five years, and preferably longer, is key to an investing strategy that holds up to the test of time.Buying companies you understand, and that align with your ...

SAN FRANCISCO, May 16, 2024 /PRNewswire/ -- Airbnb, Inc. (NASDAQ: ABNB) announced today that Chief Financial Officer, Ellie Mertz, will speak at the Bernstein 40th Annual Strategic Decisions Conference 2024 on Thursday, May 30, 2024 beginning at 11:30am PT / 2:30pm ET. A live webcast of the session will be available to the public at https://cc.webcasts.com/bern001/052924a_js/?entity=66_U3JYM71. A replay will be made available on the Investor Relations website at https://investors.airbnb.com.About AirbnbAirb ...